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Best high interest savings accounts

Find the best high-interest savings accounts and maximize your earnings.

No Fees and High Interest

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  • Earn up to 6.00% interest
  • No monthly fees
  • Unlimited transactions and Interac e-Transfers
  • No min. balance required
  • CDIC protection up to $100,000

Earn interest & No fees

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  • Earn up to 3.65% interest
  • $0 account fee
  • No minimum balance required
  • No monthly deposit requirements
  • CDIC protection up to $100,000

Promoted for: Saving and Spending Account

  • Earn 0.1% interest
  • $0 account fee
  • Free, unlimited transactions
  • CDIC protection for balances up to $100,000

Compare high-interest savings accounts and alternatives

Use the table below to compare accounts based on the features you’re looking for.

1 - 3 of 3
Name Product CAFSA Promo Rate Regular Interest Rate Monthly Account Fee 1 Year Return Offer
Simplii High Interest Savings Account
Finder Score: 3.9 / 5: ★★★★★
Simplii High Interest Savings Account
6.00% for 5 months
0.35%
$0
$273.00
Earn 6.00% interest for 5 months on up to $1,000,000 in savings. Apply by January 31, 2025.
EQ Bank Notice Savings Account
Finder Score: 4.3 / 5: ★★★★★
EQ Bank Notice Savings Account
N/A
3.65%
$0
$350.00
Earn 3.65% interest with a 30-day withdrawal notice period, or 3.50% interest with a 10-day notice period.
KOHO Earn Interest
Finder Score: 4.1 / 5: ★★★★★
KOHO Earn Interest
N/A
5.00%
$0
$500.00
Pick one of four KOHO plans and opt-in to earn up to 5% interest, plus earn up to 5% cash back on spending with your KOHO prepaid card.
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